Yale Bulletin and Calendar

Steven Berry assumes Burrows-Moffatt chair

Steven T. Berry

Steven T. Berry, whose research and teaching focuses on the subject of industrial organization, has been named the James Burrows Moffatt Professor of Economics.

Berry also specializes in empirical models of product differentiation and market equilibrium, and the areas of applied econometrics and applied microeconomics.

He has written more than 20 articles and papers exploring a variety of economic issues related to the automobile, airline and radio broadcasting industries, among others. These include evaluations of the effect of environmental policy on automobile prices, the impact on the automobile industry of voluntary export restraints and the effects of public radio on the commercial radio station market.

In 1996, Berry was awarded the Econometric Society's Frisch Medal for his article "Estimation of a Model of Entry in the Airline Industry." The honor is given every five years for the best applied article published in the journal Econometrica over the previous five years.

Berry earned his B.A. from Northwestern University in 1980 and M.S. and Ph.D. degrees from the University of Wisconsin at Madison in 1985 and 1989, respectively. He joined the Yale faculty in 1988 as an assistant professor, became an associate professor in 1992 and was promoted a full professor in 1997.

In 1997, Berry was selected as a co-recipient of the Yale Graduate Economics Club's Best Advisor Award. Since coming to Yale, he has received several grants and fellowships. These include a three-year National Science Foundation (NSF) grant, awarded in 1997, for the project "Estimating Models with Product Differentiation and Endogenous Product Characteristics"; an NSF grant for research on the automobile industry; and a grant from the Environmental Protection Agency for his research on the effects of environmental policy on the automobile industry.

He received a 1991–92 Olin Fellowship from the National Bureau of Economic Research and was awarded a 1993-95 research fellowship from the Alfred P. Sloan Foundation.

Berry is currently a research associate of the National Bureau of Economic Research, for which he also was a faculty research fellow 1989 to 1997. He is an associate editor of the RAND Journal of Economics and of International Economic Review, and is an advisory editor of Economic Letters.